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Commodity Post Session News

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(25 Feb 2025, 18:02)

Copper tests around three week low

COMEX Copper futures tested around three week low of $4.47 per pound amid worries over global trade frictions and recent rise in LME inventories. The metal currently trades at $4.53 per pound, up 0.33% on the day. Equities were under stress today. China's Shanghai Composite index dipped 0.80% while Hong Kong's Hang Seng index lost 1.32%. Japanese Nikkei average fell 1.39% as well. European stocks witnessed very tight movement today. The Nasdaq and the S&P 500 closed in negative territory yesterday, but the narrower Dow posted a gain amid sustained worries over US tariff policies.
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